Dubai.......Goodbye

Dubai.

Once with all this building going on & on.
With over 1/4 of world's cranes all came along!

Once aiming to be the "Switzerland in Middle East",
A World Class Financial Centre for the Oily Rich!

Once aiming to be the "London in Middle East",
A World Class Shopping Centre for the Oily Rich!

But since Late 2008,
Losses beginning to look big.
Things deteriorating really quick.

Thousands of cars,
Abandoned by foreign workers.

Thousands of houses,
Dropped by Half!

Biggest Mortgage Providers,
Being Taken Over!

The "Sudden" reality check on Dubai,
Waking up everyone the Worst has NOT said "Goodbye."

Have I NOT warned you before?
The Worst has YET to come.

Have I NOT warned you all before?
It's no longer about firms but Countries.
One after one.

See how Japanese Yen has jumped - a 14-Year High!
See how some CDS Premiums jumped so High!

This is only the "Starter".
Wait until the "Main Course".
Which is soon to arrive, of course.

But,
For the time being,
Say "Goodbye" to Dubai.

It has become........




The "Iceland in Middle East".

Fate
Take Profits, Cover Losses - Ready for the Worse
www.myboysmyboss.blogspot.com